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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Bill who wrote (17568)8/3/1998 10:05:00 PM
From: Patrick Sharkey  Read Replies (2) of 29386
 
Bill, with respect to your well-placed questions about the technology, Craig has been to the Company, seen the technology and believes it to be top notch, based upon what he has seen, not what he has heard. Your observations are well-placed, but far earlier in the chronology Craig was kind enought to share with us his first-hand observations. While we are all making our own investment decisions on Ancor, I found Craig's observations to be helpful, and consistent with a slowly growing market for fibre channel, i.e., the absence of sales does not necessarily indicate that the technology is poor. More to the point, the prime competitor, Brocade, has had fewer announcements than expected, including no announcement with SUN.

REgards, Pat
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